The rising use of software in most businesses and the growing popularity of flexible software solutions are expected to drive growth in the software industry. So, investors could consider A-rated software stocks VMware, Inc. (VMW), Informatica Inc. (INFA), and Pegasystems Inc. (PEGA). These stocks are A-rated in our proprietary rating system. The software market is … Read more
As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more
Club holding Broadcom ‘s (AVGO) investment prospects look bright – with or without cloud software maker VMWare (VMW) under its corporate roof. For now, though, the companies remain apart after Broadcom’s planned $61 billion takeover of VMWare did not close Monday, as previously scheduled. The hold-up is Chinese antitrust regulators, who have yet to bless … Read more
Shares of VMware Inc. VMW, -10.14% slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s AVGO, -0.83% planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to … Read more
VMware (VMW) on Thursday jumped roughly 4% on reports that Broadcom’s (AVGO) acquisition of the cloud and virtual machine company is likely to be approved by China shortly. China’s State Administration for Market Regulation is expected to be granted conditional antitrust approval soon, according to trade publication Dealreporter. If you like this story, sign up … Read more
Unveils VMware Private AI to Accelerate New Generation of Apps Expands Collaboration with NVIDIA to Build Generative AI Platform Running on VMware Cloud Infrastructure VMware Explore 2023 — Today at VMware Explore 2023, VMware, Inc. (NYSE: VMW) introduced new Private AI offerings to drive enterprise adoption of generative artificial intelligence and tap into the value … Read more
Check out the companies making the biggest moves in premarket trading: Signage outside Palo Alto Networks headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Palo Alto Networks — The security software vendor soared 12.5% following an earnings beat after the Friday market close. Fiscal … Read more